Asset Management
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
ExxonMobil and its Area 4 partners have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment supporting Mozambique's Rovuma LNG project. The awards, led by OneSubsea, mark a key step toward FID as development advances on ExxonMobil's largest global investment.
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
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SponsoredSince 1997, intelligent completions have transformed reservoir management, but adoption remains limited due to perceived complexity. The industry reached a pivotal moment with the development of next-generation technologies that address longstanding challenges and offer simpler operation solutions. -
The service company said the cancellation of a 2-GW offshore wind project in the Netherlands means its restructuring plan can no longer be delivered.
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JERA joins Tokyo Gas as a player in the Haynesville as Japan targets the US Gulf Coast as key to building global LNG supply chains.
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The ninth annual SPE ATCE Startup Village celebrated some of the most promising emerging technologies in the energy sector, highlighting the entrepreneurial spirit driving innovation in oil, gas, and low-carbon solutions.
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A resilience-based approach to safety was the focus of a panel of experts at the 2025 SPE Annual Technical Conference and Exhibition in Houston.
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BP’s most recent discovery in Namibia is the eleventh globally in 2025 since the UK major refocused its investments strategy back to its core oil and gas businesses.
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Industry leaders speaking during the opening plenary session at SPE’s Annual Technical Conference and Exhibition say they are optimistic yet pragmatic about delivering energy amid the energy transition.
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BP’s new electric gas compression platform at Shah Deniz, Azerbaijan’s largest natural gas producer, is expected to sustain exports to Europe even as the field enters decline.
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ExxonMobil joins BP, Chevron, and TotalEnergies in greenlighting new investment projects in Iraq in 2025 as the government targets oil production of 6 million B/D by 2029.
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APOGCE 2025 set the stage for strategic dialogues on how Asia Pacific’s upstream industry can innovate, invest, and collaborate to meet growing energy demand while advancing net-zero goals.
